Industry

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Author : Minds Metricks

May 22, 2019

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Industry is the production of an economic good or service within an economy. Industry is often classified into three sectors: primary or extractive, secondary or manufacturing, and tertiary or services. Some authors add quaternary (knowledge) or even quinary (culture and research) sectors. Industries can be classified on the basis of raw materials, size and ownership and time. Raw Materials: Industries may be agriculture based, Marine based, Mineral based, Forest based….

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